Investor Presentaiton
JICA
Synopsis of Macroeconomic Situation
Robust macroeconomic situation with high economic growth rate, but
challenges remain to achieve sustainable development
Robust economic growth with more than
6% in recent years based on strong
performance of export in Ready-made
Garment (RMG) sector
• Achieving lower middle-income country
status of the World Bank in 2015 with
$1,190 of GNI/Capita and full-filling the
eligibility criteria of graduation from the
Least Developed Country (LDC) status of
the United Nations for the first time in 2018.
At the same time,
Possibility of deteriorating current account
balance due to growing competition in RMG
sector, depletion of natural gas and
decrease of remittance from overseas
workers
● Possibility of growing public debt if the fiscal
balance remains in deficit and the
government continues to borrow
Japan International Cooperation Agency
Bangladesh needs to manage
macroeconomic situation more
capably, including:
• Development of new industries,
especially the export-oriented
ones
● Tax reform and capacity
enhancement of tax collection to
increase revenue
Proper debt management to keep
it at sustainable level
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